Brokerages Set The Descartes Systems Group Inc (OTCMKTS:KXSCF) Price Target at $212.43

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Shares of The Descartes Systems Group Inc (OTCMKTS:KXSCF) have been assigned a consensus rating of “Buy” from the seven analysts that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $212.43.

A number of equities analysts have commented on KXSCF shares. TD Securities lifted their price objective on shares of The Descartes Systems Group from $220.00 to $255.00 and gave the stock a “buy” rating in a report on Friday, August 7th. CIBC boosted their price target on shares of The Descartes Systems Group from $180.00 to $205.00 and gave the company an “outperform” rating in a report on Monday, June 15th. BMO Capital Markets boosted their price target on shares of The Descartes Systems Group from $190.00 to $250.00 and gave the company an “outperform” rating in a report on Friday, August 7th. Stifel Nicolaus boosted their price target on shares of The Descartes Systems Group from $165.00 to $170.00 and gave the company a “hold” rating in a report on Friday, August 7th. Finally, Royal Bank of Canada boosted their price target on shares of The Descartes Systems Group from $220.00 to $240.00 and gave the company an “outperform” rating in a report on Friday, August 7th.

The Descartes Systems Group stock traded down $7.18 during mid-day trading on Tuesday, reaching $147.79. The company’s stock had a trading volume of 506 shares, compared to its average volume of 1,328. The firm’s 50 day moving average is $150.74. The Descartes Systems Group has a twelve month low of $58.74 and a twelve month high of $168.00.

About The Descartes Systems Group

Kinaxis Inc provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. The company offers RapidResponse, which provide supply chain planning and analytics capabilities for managing various supply chain management processes, including demand planning, supply planning, inventory management, order fulfillment, capacity planning, and master scheduling, as well as sales and operations planning process.

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Analyst Recommendations for The Descartes Systems Group (OTCMKTS:KXSCF)

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